May 14, 2008

RSS Feed Fixed - Subscribe to CT Foreclosure

I finally found the issue with my RSS Feed. There was an issue with one of the Wordpress Plug-ins so I had to deactivate it. No big deal. You can subscribe to the CT Foreclosure RSS Feed by clicking the link in the Sidebar under Subscribe to My Feed.

 

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May 12, 2008

Weekly CT Foreclosure Statistics for May 12, 2008

Here are this week's foreclosure stats for Connecticut's eight counties from The Warren Group:

                Lis
County        Pendens  Auctions   REOs

Fairfield       56       11         1
Hartford        70        2         5
Litchfield      14        1         1
Middlesex       14        0         1
New Haven       71        2         3
New London      27        1         0
Tolland         12        0         0
Windham         27        0         1
Totals:        291       18        12

Lis Pendens are down a bit this week and hopefully that is a sign of things to come…but I doubt it.

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May 5, 2008

RSS Feed Errors and an Unplanned Upgrade

I just discovered that the RSS feed for this blog (CT Foreclosure) is not functioning. I may as well take this opportunity to completely upgrade this site and give it a much needed makeover. I apologize in advance if the site is unavailable for any period of time while I get this site straightened out and upgraded. I 'm going to try and have this all done by the end of the week.

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Weekly CT Foreclosure Statistics for May 5, 2008 (Cinco de Mayo)

Yes, it's Cinco de Mayo today. I hope everyone can take a little time to celebrate at least a little.

Here are this week's foreclosure stats from The Warren Group:

                Lis
County        Pendens  Auctions   REOs

Fairfield       86       16        10
Hartford        63        2         7
Litchfield      12        1         1
Middlesex       13        0         1
New Haven      168       28        28
New London      20        0         6
Tolland          3        0         0
Windham          4        0         0
Totals:        369       47        53

I hope that formatting comes out okay in the blog. As you can see, the numbers are generally down across the board with the exception of the number of Lis Pendends files in New Haven, which are up big from last week.

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April 28, 2008

Weekly CT Foreclosure Statistics for April 28, 2008

Weekly foreclosure statistics for Connecticut broken down by county from The Warren Group:

Fairfield and Hartford Counties making big jumps this month in Lis Pendens filings. Hartford County moves into second place behind Fairfield County, with New Haven County a close third with only a slight rise in Lis Pendens this month. 

State County Petitions &
Lis Pendens
Auctions Bank Owned
(REO)
CT Fairfield 149 15 11
CT Hartford 114 6 21
CT Litchfield 21 3 0
CT Middlesex 30 3 4
CT New Haven 106 14 24
CT New London 47 0 10
CT Tolland 17 2 2
CT Windham 40 0 18
  TOTALS 524 43 90

Apparently we will be seeing a lot more foreclosure activity on Alt-A loans in the near future as homeowners are simply walking away from their negative equity properties. These loans were made on higher priced homes with buyers who have good credit scores. They are learning that they be better off simply letting their houses go back to the bank than by maintaining ownership of a property that is financially upside-down. I will be doing more research on this and posting about it soon.

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April 21, 2008

Weekly CT Foreclosure Statistics for April 21, 2008

Weekly foreclosure statistics for Connecticut broken down by county from The Warren Group:

State County Petitions &
Lis Pendens
Auctions Bank Owned
(REO)
CT Fairfield 96 24 30
CT Hartford 99 6 24
CT Litchfield 56 0 7
CT Middlesex 6 2 1
CT New Haven 104 9 32
CT New London 37 0 2
CT Tolland 8 2 1
 CT Windham 0 0 0
  TOTALS 406 43 97

Litchfield County making a big jump this month in Lis Pendens filings. Hartford County takes second place behind New Haven County.

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April 14, 2008

Weekly CT Foreclosure Statistics for April 14, 2008

Weekly foreclosure statistics for Connecticut broken down by county from The Warren Group:

State County Petitions &
Lis Pendens
Auctions Bank Owned
(REO)
CT Fairfield 158 6 12
CT Hartford 87 14 16
CT Litchfield 0 2 0
CT Middlesex 14 1 0
CT New Haven 139 21 13
CT New London 27 0 5
CT Tolland 6 1 2
 CT Windham 8 0 0
  TOTALS 439 45 48

This is the reality of what is happening in the state. As you can see, New Haven and Fairfield county have the most Lis Pendens filed this week.

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April 10, 2008

CT Judicial Branch Law Libraries Foreclosure Section

The Connecticut Judicial Branch's Law Library website contains everything you could possibly want to know about Connecticut Foreclosure Law. The site is a wealth of information for those looking for information on the CT foreclosure process as well as links to various additional information sources. …Click to Read More on CT Judicial Branch Law Libraries Foreclosure Section

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April 9, 2008

Foreclosure Scam on Law & Order

Law and Order this evening included a storyline with a supposed example of how someone could take advantage of a homeowner in foreclosure by tricking them into signing over ownership of their property. In the show's example, the scammer was acting as a concerned rescue company that helped homeowners KEEP their home. He then had the homeowners sign a Quit Claim Deed which effectively gave all ownership of the property to the scammer. He stated it was just temporary to show the lender that the they were serious about resolving their foreclosure situation. He then went on to sell the property without the homeowners' knowledge. …Click to Read More on Foreclosure Scam on Law & Order

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March 18, 2008

Resources for CT Homeowners Facing Foreclosure

Here are a few links to resources for CT homeowners facing foreclosure:

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